POSTED BY October 1, 2010 8:10 pm ONE COMMENT
ONhi,i have a ulip policy.i pay premium annually towards my policy.it is done in march every year.this year in march,i was not able to pay the premium due to some personal problem.so i could not claim tax exemption for the FY 09-10.now i will pay the due premium in next month and regular premium in march 2011.so i want to know that can i claim both premium payments for tax exemption for FY 10-11?
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Yes you can